406 2nd Ave Unit 3, Haleyville, AL 35565

Property Description

Built in 2025, this new-construction barndominium offers an excellent investment opportunity with immediate income and significant expansion potential. Currently rented for $900/month with a one-year lease in place. Unit 3 has a recent appraisal of $90,000. The property is already positioned for future development, with infrastructure in place to accommodate 4 additional units immediately. Improvements include a 5-gang meter base and a 6-inch main sewer line, with sewer capacity designed to support up to 15 total units. The property is fully enclosed by a 6-foot chain-link fence with a double-gate entrance. Unit 3 features a 3.5-ton central HVAC system, stainless steel appliances that convey, Alabama Power, and city sewer. Whether you're looking for immediate rental income, the opportunity to create a small rental community, or a larger long-term development project, this property offers a strong foundation for growth. Don't miss this unique investment opportunity! Buyer to verify info